Bahamian inflation near 3-year peak as fuel prices surge on Middle East conflict

Bahamian inflation eased slightly from a three-year high, but gasoline and diesel prices rose 26.7% and 46.3% year-over-year in June 2026, driven by Middle East conflict impacts on oil and energy costs. The sustained fuel price hikes keep inflation elevated, posing risks to consumer spending and economic stability in the import-dependent archipelago.